BT Group may buy French IT firm for up to $82 million

LONDON (MarketWatch) -- BT Group
BT, -1.22%BT.A, -1.41%
said it has submitted a binding offer to CS Communication & Systemes, a French IT systems and network services provider, to acquire its Mission Critical Infrastructures division for up to 60 million euros ($82 million). The consideration will be paid in cash. The division provides its corporate and public sector clients with a range of IT services for building and maintaining IT infrastructures including consulting, network integration, insourcing, outsourcing and data center services. The division employs approximately 1,400 people and made €137.7 million revenue in 2006.

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